Nine insurance companies are set to pay J.P. Morgan Chase $568 million on surety bonds they issued to Enron Corp., under the terms of the settlement agreed on Thursday. This is less than the $965 million Morgan claimed. The pay-outs are as follows:
Travelers Property $159.6 $139Chubb Corp. $110.2 $95.8Kemper Insurance $93.7Fireman’s Fund (Allianz) $92.3St. Paul Cos $80.4 $70CNA Financial Corp $46.7 $40.7Safeco Corp. $33.2 n/aHartford Financial $24.5 $21Liberty Mutual $13.4 less than $12